iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) Shares Sold by Martin Capital Partners LLC

Martin Capital Partners LLC decreased its position in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 5.3% in the first quarter, HoldingsChannel reports. The firm owned 19,326 shares of the company’s stock after selling 1,083 shares during the quarter. iShares 0-5 Year TIPS Bond ETF accounts for 2.4% of Martin Capital Partners LLC’s portfolio, making the stock its 16th biggest position. Martin Capital Partners LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $2,000,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of STIP. Transce3nd LLC purchased a new position in iShares 0-5 Year TIPS Bond ETF during the fourth quarter valued at approximately $25,000. Knuff & Co LLC purchased a new position in iShares 0-5 Year TIPS Bond ETF during the fourth quarter valued at approximately $26,000. Chapman Financial Group LLC purchased a new position in iShares 0-5 Year TIPS Bond ETF during the fourth quarter valued at approximately $33,000. Bradley & Co. Private Wealth Management LLC purchased a new position in iShares 0-5 Year TIPS Bond ETF during the fourth quarter valued at approximately $52,000. Finally, Ameriflex Group Inc. purchased a new position in iShares 0-5 Year TIPS Bond ETF during the fourth quarter valued at approximately $58,000.

iShares 0-5 Year TIPS Bond ETF Trading Up 0.0%

Shares of STIP stock opened at $102.09 on Wednesday. The stock has a 50 day moving average of $102.60 and a 200 day moving average of $101.92. iShares 0-5 Year TIPS Bond ETF has a twelve month low of $98.87 and a twelve month high of $103.61.

About iShares 0-5 Year TIPS Bond ETF

The iShares 0-5 Year TIPS Bond ETF (STIP) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of US Treasury Inflation-Protected Securities (TIPS) with a remaining maturity of less than 5 years. STIP was launched on Dec 1, 2010 and is managed by BlackRock.